The BRITISH HOMES GROUP Florida announces Florida's 1st
MULTI-CURRENCY mortgage product
Have you always wished that you could fluctuate your Florida mortgage
between Pounds and Dollars depending on your personal situation or the
market conditions? With British Home Loans Florida and
Lloyds-TSB of Hong Kong - you can!
How about Euros, Swiss Francs or even Yen....with the latest multi-currency
mortgage product you can fluctuate between currencies twice a year for free
and another two times a year just for $150 per switch!
Announcing Lloyds TSB's new multi-currency mortgages for Florida property
owners and prospective Florida villa purchasers.
If you are concerned that US mortgage rates will continue to rise, that the US
dollar will strengthen and/or that Sterling will weaken against the dollar in 2006
re-financing your Florida investment property with an innovative and highly
flexible multi-currency mortgage from Lloyds TSB may be worth serious consideration.
US mortgage rates have ticked up 17 consecutive times in recent months and
may continue to do so in 2006. Additionally, the combined effects of either a
strengthening US dollar and/or a weakening pound against the dollar may add
to the financial uncertainties facing UK property owners in Florida with
US currency mortgages.
A multi-currency mortgage, therefore, may be just the answer because:
borrowers may borrow in the currency of your income or in US dollars if your
loan amount does not exceed 75% of your property price or valuation and can
easily switch your mortgages among the agreed currencies (except for fixed interest rate loans)
- with two free switches each year through the life of the loan!
multi-currency mortgage interest rates are currently highly attractive
UK short-term rental property owners or investors are not penalized
with either higher 'investor' interest rates or expensive mandatory reserves and
borrowers can pay-off their Lloyds TSB multi-currency mortgage at any
payment due date - without penalty or any other punitive early redemption fees (except for fixed interest rate loans).
Important Notice:
1. Borrowers should also be aware that significant losses may be incurred as a result
of adverse exchange rate movements, particularly when there is a mismatch between
the currency of your loan and the currency of your assets.
2. Lloyds TSB Bank does not offer loans to US residents that would be secured by a
mortgage over their US residence.
For more details about this exciting and sensible new mortgage option from Lloyds TSB,
and a free, no-obligation consultation on how you may be able to re-mortgage up to 80%
of your Florida property's current value - please contact us on our UK to USA Florida Freephone;
0800 096 5989
Or fill out the simple form...
Since 2001, when the British Homes Group was formed specifically to serve the often
unique needs of British home owners in Florida, the company has grown rapidly to become
the UK's favourite 'one-stop' shop for British residents interested in purchasing, selling,
re-financing or renting holiday homes and other investment properties in the 'Sunshine State' of Florida.
